Central Bank optimistic about economic growth

Jan 15, 2013

PORT OF SPAIN, Trinidad, CMC – The Central Bank of Trinidad and Tobago said it remains “cautiously optimistic” that the country’s economic growth will surpass two per cent in 2013, pointing to a number of actions that have taken place “over the course of last year. Central Bank Governor Jwala Rambarran said the oil-rich twin island Republic’s economic performance comes against the backdrop of fragile global economic recovery. “The global economic recovery was set back by the intensification of the sovereign debt and the banking crisis in the Euro area and the fiscal situation in the US.

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